News from Spain

It’s good news from Spain as tourist numbers and the welcome to visitors hit new heights, while unemployment and taxes fall.

Spanish bank sells 2,200 properties at 40% discount

The bank responsible for disposing of many of Spain’s foreclosed and bankrupt property stock is selling a new slice of 2,200 homes at up to 40% discounts. They are a range of residential properties in various locations around Spain including large cities and small towns on the coast. There are also around 700 commercial premises.

“Brexit budgets” make Lanzarote a popular choice

With buyers hit by the falling pound looking for slightly cheaper winter sun options, the Canary Islands are seeing a rush of interest. The most popular choice is Lanzarote, says Richard Way, offering winter sun, easy access and affordable property.  

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